YEARLY HIGH
239.4237 BIF
YEARLY LOW
217.7397 BIF
YEARLY AVERAGE
230.1834 BIF

2021 SEK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 239.4237. Conversely, the yearly low was recorded on December 5, dropping to 217.7397.

This high-to-low spread represents a total annual volatility of 21.6840 BIF. From a start-to-finish perspective, comparing the January average rate of 234.5480 to the December average rate of 219.6456, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 239.4237 was up 1.08% compared to the 2020 peak of 236.8577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 1,197,119 BIF
2020 Average 1,043,755 BIF
Yearly Trough Low 1,088,699 BIF
Transaction Impact: A difference of 108,420.07 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

237.5324
218.0195
JanuMarcMayJulySeptNove

SEK to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 233.0897, compared to 227.2772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8125 points.

H1 Avg (Jan–Jun) 233.0897
H2 Avg (Jul–Dec) 227.2772

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 15.7465 BIF (High: 233.7487 / Low: 218.0022). On the other end, December was the most stable month, with a tight range of 3.7370 BIF (High: 221.4768 / Low: 217.7397).

November Spread (Volatile) ±15.7465
December Spread (Stable) ±3.7370

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.8662 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.8662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 235.3656) against the same month in 2020 (average: 204.7647), the exchange rate shifted by +30.6009 (+14.94%).

2021 Avg (June) 235.3656
2020 Avg (June) 204.7647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.9984 231.2681 234.5480
February 236.9073 230.4027 233.9045
March 232.7877 223.8325 228.9659
April 234.6964 223.5557 229.8477
May 239.0289 230.3266 235.9063
June 239.4237 230.0181 235.3656
July 231.9218 227.7589 229.7769
August 230.8604 224.8744 228.5550
September 232.2418 226.2159 230.1541
October 233.9888 225.4302 230.0195
November 233.7487 218.0022 225.5118
December 221.4768 217.7397 219.6456